Sidley advised Summit Partners on its €50 million minority investment in Solactive AG, a technology-enabled provider of indices and index solutions to the global financial services industry. The investment will help support the continued global growth of Solactive, in which the founder will retain an equity stake. The transaction is expected to close in 2020.
The Sidley team was led by Private Equity partner Dr. Jan Schinköth (Private Equity, Munich), supported by partners Dr. Roderic Pagel (Tax, Munich), Adam Runcorn (Private Equity/M&A, London), Kolja Stehl, Leonard Ng (both Banking and Financial Services, London), Raymond Oh (Private Equity/M&A, Hong Kong), James Brigagliano, Andrew P. Blake (both Securities Enforcement and Regulatory, Washington D.C.), David M. Katz, Kate L. Lashley (both Securities Enforcement and Regulatory, New York), W. Hardy Callcott (Securities Enforcement and Regulatory, San Francisco), Dr. Christian Brause (Tax, New York), and Patrick Harrison (Competition, London); counsel Rosanna Connolly (Competition, London); senior China advisor Ling Chen (Private Equity/M&A, Shanghai); and associates Sebastian Walczak, Dr. Stefan Bührle, Dr. Matthias J. Annweiler (all Private Equity/M&A, Munich), Jörg Fischer, Jacob Schreiber (both Tax, Munich), Andrew J. Sioson (Securities Enforcement and Regulatory, Washington D.C.), Cyril Cutinha, Amelia McGrath, Hermina Wong (all Private Equity/M&A, London), Chris Poon (Banking and Financial Services, London), Francesca Blythe, Jasmine Agyekum (both Privacy and Cybersecurity, London), Nikita Ponomarev, Rachel Fridhandler (both Private Equity/M&A, New York), and Calvin Chau (Private Equity/M&A, Hong Kong).
